GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson Energy Development Co (NYSE:KED) » Definitions » Equity-to-Asset

Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Equity-to-Asset : 0.64 (As of May. 2018)


View and export this data going back to 2006. Start your Free Trial

What is Kayne Anderson Energy Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kayne Anderson Energy Development Co's Total Stockholders Equity for the quarter that ended in May. 2018 was $192.85 Mil. Kayne Anderson Energy Development Co's Total Assets for the quarter that ended in May. 2018 was $299.69 Mil. Therefore, Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in May. 2018 was 0.64.

The historical rank and industry rank for Kayne Anderson Energy Development Co's Equity-to-Asset or its related term are showing as below:

KED' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.71   Max: 0.99
Current: 0.59

During the past 12 years, the highest Equity to Asset Ratio of Kayne Anderson Energy Development Co was 0.99. The lowest was 0.59. And the median was 0.71.

KED's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs KED: 0.59

Kayne Anderson Energy Development Co Equity-to-Asset Historical Data

The historical data trend for Kayne Anderson Energy Development Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kayne Anderson Energy Development Co Equity-to-Asset Chart

Kayne Anderson Energy Development Co Annual Data
Trend Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.63 0.64 0.59 0.60

Kayne Anderson Energy Development Co Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.59 0.59 0.60 0.64

Competitive Comparison of Kayne Anderson Energy Development Co's Equity-to-Asset

For the Asset Management subindustry, Kayne Anderson Energy Development Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kayne Anderson Energy Development Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Development Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Development Co's Equity-to-Asset falls into.



Kayne Anderson Energy Development Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the fiscal year that ended in Nov. 2017 is calculated as

Equity to Asset (A: Nov. 2017 )=Total Stockholders Equity/Total Assets
=174.159/289.152
=0.60

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in May. 2018 is calculated as

Equity to Asset (Q: May. 2018 )=Total Stockholders Equity/Total Assets
=192.847/299.686
=0.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kayne Anderson Energy Development Co  (NYSE:KED) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Kayne Anderson Energy Development Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kayne Anderson Energy Development Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Traded in Other Exchanges
N/A
Address
Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.
Executives
Richard A Kayne 10 percent owner, other: CEO of Member/Manager of IA
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell officer: VICE PRESIDENT 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart officer: Treasurer and CFO 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
James C Baker officer: Vice President C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz officer: Vice President 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc 10 percent owner, other: Affiliate / Investment Adviser 1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy director, officer: President, CEO, Chairman C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley other: Investment Adviser CFO C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson 10 percent owner, other: Affiliate / Investment Adviser C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker director 94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl director P.O. BOX 2521, HOUSTON TX 77252-2521

Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Headlines

From GuruFocus